Faraday Future Looks for ‘Accessible’ Financing Options, Exec Says

SAN FRANCISCO — As Faraday Future looks to showcase its first set of production cars by yearend, the company is also exploring financing options to make its vehicles more accessible, Head of Financial Services Matt Traylen told attendees at Auto Finance Innovation 2018 last week. “When we start looking at affordability, I tend to say, ‘It’s not […]
  • Emma Sandler
  • March 15, 2018
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More Research Is Required on Gen Z Market, Panelists Advise [VIDEO]

It is a “toss up” whether or not Generation Z consumers will want to own their own car, but given this generation will represent 40% of the market in the U.S. by 2020, more research needs to be done, said Miranda Hill, director of innovation and commerce strategy at ThoughtWorks. Gen Z, also known as the “Generation […]
  • Huixin Deng
  • June 27, 2017
  • 0

Faraday Future Looks Outside Finance for Successful Subscription Models

Matt Traylen, head of financial services and ownership models at Faraday Future, has been working on several different ownership and access models for the company’s planned 2018 launch into the luxury EV market. Specifically, he is looking at companies that are “taking a leap of faith, in terms of different ways of getting revenue, and […]
  • Larissa Padden
  • June 15, 2017
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Key Execs to Speak at Auto Finance Innovation

The Auto Finance Innovation speaker roster has expanded with the addition of a few contemporary — and innovative — executives from General Motors Co., Honcker, Thought Works, and uQuote — to name just a few. Nathan Hecht, chief executive of the multi-lender, mobile financing app Honcker; and Roy Mathew, chief executive of the auto finance Facebook chatbot […]
  • William Hoffman
  • March 22, 2017
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